MAGNA INT'L (MGA-NYSE): Technical Viewpoint: From a low of $30.82 on May 28, 2009 prices rallied, reaching a high of $39.89 on Jun 10, 2009. A decline saw prices pull back, reaching a low of $35.79 on Jun 15, 2009. Another rally saw prices penetrate resistance line "A", closing yesterday at $40.77. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 21, 2009 when the solid line crossed the dotted line to the upside. Support: Remains at $37.00. Resistance: Is at $42.00. Point & Figure: Reversed to the upside on Jun 16, 2009. A P&F downside reversal takes place at $37.00. Summary: Technical indicators have turned bullish. BUY! Magna Int'l (MGA-NYSE) @ $41.13 Stop: Use a protective stop of $39.13. Magna Int'l is currently trading @ $40.77 plus $2.79 on Jun 19, 2009. Price Objective: $52.50. Risk/Reward: $2.00 VS. $11.37. Today's Risk Reward Ratio: 6:1